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US payrolls rose by a disappointing 151,000 in August, some 30,000 below expectation. Saxo Bank's head of fx strategy John Hardy looks at the number and what lies behind.
With today's number Hardy says that a September rate hike has probably been ruled out.
02:34 minutes
Tags: federal reserve, interest rates, job figures, john hardy forex, john hardy saxo bank, nfp, non farm payrolls, rate hike us fed, saxobank.com, saxotradergo, tradingfloor.com, yellen